Community Advantage
Our Products
About Community Advantage
Carolina Community Impact offers business loans up to $350,000, support your growth needs—from expansion to new equipment. Designed to meet SBA Community Advantage criteria, they are accessible to underserved markets, including minority, veteran, and women-owned businesses.
What We Offer
We provide business loans of up to $350,000 to help you achieve your business goals. Our loan offerings are designed to cater to a wide range of needs, ensuring that your business has the financial support necessary for sustainable growth. Whether you need funds for expansion, purchasing new equipment, or addressing other significant capital requirements, our loans are structured to provide the flexibility and resources you need.
Our loan program is particularly tailored to meet the unique needs of underserved markets, including minority, veteran, and women-owned businesses. By focusing on these groups, we aim to foster inclusivity and equal opportunities within the business community. We understand the challenges faced by these businesses and are committed to providing accessible and supportive financial solutions.
In addition to financial support, we offer personalized assistance to help you navigate the loan process. Our team of experienced professionals is dedicated to understanding your specific needs and providing guidance to ensure you make the most of the financial resources available. From initial application to loan disbursement, we are here to support you every step of the way.
Our loans are not just about providing funds; they are about empowering businesses to thrive and contribute to their communities. We believe that by supporting the growth and expansion of underserved businesses, we can drive economic development and create job opportunities in diverse communities.
Qualifications
Who Can Apply?
Small businesses that meet SBA Community Advantage (CA) criteria, including those in underserved markets or owned by minorities, veterans, or women.
To qualify for our loans, your business must meet certain criteria that ensure both the viability of your business and its positive impact on the community. Our goal is to support a diverse range of businesses, particularly those that face greater challenges in accessing traditional financing options.
Here are the detailed requirements for eligibility:
Small Business Eligibility
Underserved Market Focus
Minority-Owned Businesses
Veteran or Woman-Owned Businesses
Requirements
Use of Funds / Terms
Our loans can be used for a variety of business purposes, providing the flexibility to meet your unique business needs. Whether you are looking to enhance your daily operations, invest in new technology, or expand your physical presence, our loan options are designed to support your business’s growth and success.
With terms that cater to both working capital and long-term investments, Carolina Community Impact is committed to helping you achieve your business objectives and reach new heights of success.
Up to 10 Year Term
Fixed Asset Loans:
Interest Rate
Collateral May be Required
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FAQ
At Carolina Community Impact, we understand that navigating the world of business financing can be complex. To help you make informed decisions, we’ve compiled a list of frequently asked questions.
You will need personal and business federal income tax returns, a personal financial statement, organizational papers for LLCs or corporations, a business plan and financial projections for startups, and valid identification for all owners/guarantors.
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Building Stronger Communities
Real Stories of Impact
Our success is best told through the stories of the businesses we’ve helped. Read testimonials and spotlights on clients who have benefitted from our programs and services, and see the tangible impact of our work in their lives.
Karigan Sapp is bringing her wealth of experience and passion to Carolina Community Impact (CCI). As one of our dedicated
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